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Author Topic: GAMBLING SITE INVESTMENT  (Read 6910 times)
milewilda
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June 08, 2020, 09:34:11 PM
 #241

Thanks Yatsan for sharing your profits with us. Personally I am hesitating so much to join, I sometimes stay 1 click away from joining then says, let's wait a little bit.
I can vouch for Yolodice! The signature we're wearing.

It's interesting to see people became hessitant when it comes to investing. To be honest, that is the same feeling I have experienced before but then I managed to invest our sig camp payout only for a few days to experiment and to see how the system works. Unfortunately, I withdrew it immediately after the negative ROI gains at least a small percent of positive return. Thus, planning for a long term investment must be considered probably 6 months or 1 year not 4 days Cheesy

But soon, I'll try investing again.
Yeah of course Yolodice is the best Wink
Me too I believe I will give it a try but didn't make the final decision yet. Still hesitating about how much should I invest + in which coin + for how long.

I think you should observe first how much money are just sitting in your wallet and you are actually not going to spend in a long time. Personally, the 0.1BTC is just a spare money for me considering that I have also coins that are holding and some are for trading so that's how I decided to invest it, knowing that I am not going to use that in a long period of time. With regards to coin, just pick which is more stable if you want low risk investing  Wink
Thats how it should be when you do anytime consider to make out some investment which there are amounts which are really be allocated neither for long term and short term.
Checking out your investment which do really goes pretty good.Im trying to understand that this is on compounding side and it isnt really bad specially with Yolodice investment.
This is also considered to be a good passive one when the time you do able to hit roi and pull out the capital and re-investing the profits which means it is risk-fee when you do re-rolling it.
Thanks for sharing up.

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June 08, 2020, 10:29:37 PM
 #242

This is also considered to be a good passive one when the time you do able to hit roi __
In the case of OP and investing in a casino, you can get your ROI easily, the only concern you have to consider when making a decision to withdraw your funds is when you are already in profit. It's not like a typical business where you can converted your money into physical asset to start a business and wait for the business to profit to get your ROI, this one, you BTC is intact and it will slowly grow as long as the gambling site your investing with remains profitable.


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milewilda
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June 08, 2020, 10:54:23 PM
 #243

This is also considered to be a good passive one when the time you do able to hit roi __
In the case of OP and investing in a casino, you can get your ROI easily, the only concern you have to consider when making a decision to withdraw your funds is when you are already in profit. It's not like a typical business where you can converted your money into physical asset to start a business and wait for the business to profit to get your ROI, this one, you BTC is intact and it will slowly grow as long as the gambling site your investing with remains profitable.


Of course, investment do really work on that way neither you are talking about traditional business or a gambling site investment.They do differ in set-up but it do have the same goal which is to make profits.
We do always target to reach up our ROI and i do get your point about BTC is in intact but we know that it do have that certain disadvantage on some point since we know that we can face up two risk situations in
investing on a gambling site. 1. Value in fiat would surely be affected if btc price drops( wont be much that an issue if you do accumulate btc) 2. If some player hit up big time in the site which would really give out that negative profit on a certain period( this one is possible but doesnt always happen) . They do have their own pros and cons though.

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June 09, 2020, 07:56:07 AM
 #244

Investing in gambling is as risky as making a profit That is why we need to invest a small amount in terms of investment If you invest more at first then if the price of the currency goes down then the loss is more. When it comes to investing in gambling sites you need to think positive and wait patiently If the price of currencies goes up we will make more profit.
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June 09, 2020, 05:54:08 PM
 #245

Investing in gambling is as risky as making a profit That is why we need to invest a small amount in terms of investment If you invest more at first then if the price of the currency goes down then the loss is more. When it comes to investing in gambling sites you need to think positive and wait patiently If the price of currencies goes up we will make more profit.

   I had invested a small amount in BitDice, I still have it. Because it's a small amount, and I had some tokens
from their bounty campaign here, I didn't much from that. If you wish high returns you need to invest more money,
I didn't, I thought that my bought tokens and earned tokens will be a significant amount, but it's not.
   The price of crypto-currencies has nothing with profit that casino make. Investing in crypto-currencies is
one thing, in casino bankroll other.



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Rainbot
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June 09, 2020, 08:01:42 PM
 #246

I'm impressed for what you are giving us a great information if gambling casino bankroll investment is such a great way.

In 2 months, looking at it, seems like a safe investment and looks really profitable in the long run. This is encouraging though, keep us updated.

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June 10, 2020, 06:00:26 AM
 #247

Is it a "normal" winner?
How to judge if someone win was "normal"? There was nothing extraordinary. From my perspective (in Yolodice i see my profit from investment in real time) it was like my profit from slow constant grow changed to going rapidly up and down (looks like someone was betting high sometimes winning sometimes loosing) and after some time from + 5% i was left with -2% and now i'm back to slow constant grow. Someone was just lucky (brave (or crazy) with such big bets).


You got to -2% does that mean you owe them now?

No it means that i have 98% of my initial investment.
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June 10, 2020, 06:47:56 AM
 #248

Investing in gambling is as risky as making a profit That is why we need to invest a small amount in terms of investment If you invest more at first then if the price of the currency goes down then the loss is more. When it comes to investing in gambling sites you need to think positive and wait patiently If the price of currencies goes up we will make more profit.
Many people don't want to get the small profit but they also afraid with the risk Grin
Maybe if people don't want to have that risk, they need to search for the other investment type, but I am not sure if they can make a lot of money from the investment.
They need to wait for some time before they can get the profit, but many of the investments are not give them the profit, but the investment only scams them in the long term.
Maybe we only need to invest in bitcoin and don't use other investment programs because we don't know if they are real or fake.

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June 10, 2020, 11:40:21 AM
 #249

Those gains within a few weeks of investing to their bankroll are very impressive! Do you plan to add some other casinos to invest with whenever you want to?
Keep it up!

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June 10, 2020, 12:12:42 PM
 #250

Those gains within a few weeks of investing to their bankroll are very impressive! Do you plan to add some other casinos to invest with whenever you want to?
Keep it up!

Impressive? not much IMO, the gain in BTC is not that big, but OP is so lucky that bitcoin has increased significantly, and as his last update, he will be divesting some of his investment, and he now focus on the site that truly give consistent profit, but like I said, it's not that much.

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June 10, 2020, 01:32:07 PM
 #251

Those gains within a few weeks of investing to their bankroll are very impressive! Do you plan to add some other casinos to invest with whenever you want to?
Keep it up!

Impressive? not much IMO, the gain in BTC is not that big, but OP is so lucky that bitcoin has increased significantly, and as his last update, he will be divesting some of his investment, and he now focus on the site that truly give consistent profit, but like I said, it's not that much.
Are you not impressed with that? doing nothing yet still gained? And it came from you that op gained significantly and that's impressive for me and if not for you, maybe that's not enough for you.

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June 10, 2020, 02:24:32 PM
 #252

I feel like the risk is really big for the low profit you are getting. The problem with investing in casinos is the whales who came and take big amounts from them. Today if a whale goes to the casino where you have your investment and walks away with more than 5btc then you will go to negative. It is about time to see that happens. So, be careful and play it smart.

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June 10, 2020, 04:53:37 PM
 #253

I feel like the risk is really big for the low profit you are getting. The problem with investing in casinos is the whales who came and take big amounts from them. Today if a whale goes to the casino where you have your investment and walks away with more than 5btc then you will go to negative. It is about time to see that happens. So, be careful and play it smart.

This has no sense. Next day other whale will came and leave 10 BTC in casino or even the same whale excited about his 5 BTC win will come to double loosing everything. With statistic advantage over each gambler (no matter how big his wallet is) casino will win with most whales/small fishes. Casino has another advantage that not many realize and has impact on casino profit. If you win, you can always lose next time or even the same day (you have your money and profit in casino wallet - the most dangerous place for addicted gamblers)- casino has opportunity to recover. If lose you end up without money, so you don't have opportunity to recover.
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June 10, 2020, 07:47:08 PM
 #254

I feel like the risk is really big for the low profit you are getting. The problem with investing in casinos is the whales who came and take big amounts from them. Today if a whale goes to the casino where you have your investment and walks away with more than 5btc then you will go to negative. It is about time to see that happens. So, be careful and play it smart.
This is not how it works. The casino usually implements some sort of rules so that a single whale cannot come and wipe out the bankroll thus also protecting the users fund. They usually set a maximum bet win limit based on the total percentage of the bankroll. So, one single whale can no way win all the coins in the bankroll. The more they win, the lower, the max win will be.
I would never say its a risky investment. Remember in the long run, the house always win, so you will also be making profit in the long run.

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June 10, 2020, 08:42:32 PM
Last edit: June 10, 2020, 09:06:22 PM by STT
 #255

There is always the slight danger of a set of big wins causing a liquidity problem, it should be a good thing if alot of business revenue occurs and the Casino will win it back with house advantage but I bet its happened more then once a company has had to call on funds to stay able to run a game.    That can happen to even a normal casino, I've read stories of special deals done with a whale where combined with some extreme luck and reduced advantage for the casino it caused the house to close for that night at least.     This is the basis of investment that you provide the capital thats fed into the machine that on average produces a profit but not always or it'd not be a game worth playing I guess.
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June 10, 2020, 08:52:41 PM
 #256

I feel like the risk is really big for the low profit you are getting. The problem with investing in casinos is the whales who came and take big amounts from them. Today if a whale goes to the casino where you have your investment and walks away with more than 5btc then you will go to negative. It is about time to see that happens. So, be careful and play it smart.
If a whale starts playing means the casino has more chance to earn money than the normal players, there will be some members win big amounts but all the members who losses will equalize the things so the chances of going into negative is less unless the casino has less players and rewarding huge max payout.
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June 10, 2020, 11:35:55 PM
 #257

I feel like the risk is really big for the low profit you are getting. The problem with investing in casinos is the whales who came and take big amounts from them. Today if a whale goes to the casino where you have your investment and walks away with more than 5btc then you will go to negative. It is about time to see that happens. So, be careful and play it smart.
If a whale starts playing means the casino has more chance to earn money than the normal players, there will be some members win big amounts but all the members who losses will equalize the things so the chances of going into negative is less unless the casino has less players and rewarding huge max payout.

It doesn't matter as there's always a limit, and also, you can't assume profit easily since there are times that whales win big money and you investment will be affected, for sure it will go negative.

you can read his post on how his investment turn negative when a whale hit the bankroll.

https://bitcointalk.org/index.php?topic=5239794.msg54581108#msg54581108

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June 11, 2020, 01:35:43 AM
 #258

I feel like the risk is really big for the low profit you are getting. The problem with investing in casinos is the whales who came and take big amounts from them. Today if a whale goes to the casino where you have your investment and walks away with more than 5btc then you will go to negative. It is about time to see that happens. So, be careful and play it smart.
If a whale starts playing means the casino has more chance to earn money than the normal players, there will be some members win big amounts but all the members who losses will equalize the things so the chances of going into negative is less unless the casino has less players and rewarding huge max payout.

It doesn't matter as there's always a limit, and also, you can't assume profit easily since there are times that whales win big money and you investment will be affected, for sure it will go negative.

you can read his post on how his investment turn negative when a whale hit the bankroll.

https://bitcointalk.org/index.php?topic=5239794.msg54581108#msg54581108
There will be a risk always for sure but the risk is minimal to be honest and this is just for the particular day, what if the same whale came again and bust all the DOGE he won the day before into the gambling sites.
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June 11, 2020, 01:42:15 AM
 #259

Thanks Yatsan for sharing your profits with us. Personally I am hesitating so much to join, I sometimes stay 1 click away from joining then says, let's wait a little bit.
I can vouch for Yolodice! The signature we're wearing.

It's interesting to see people became hessitant when it comes to investing. To be honest, that is the same feeling I have experienced before but then I managed to invest our sig camp payout only for a few days to experiment and to see how the system works. Unfortunately, I withdrew it immediately after the negative ROI gains at least a small percent of positive return. Thus, planning for a long term investment must be considered probably 6 months or 1 year not 4 days Cheesy

But soon, I'll try investing again.
Yeah of course Yolodice is the best Wink
Me too I believe I will give it a try but didn't make the final decision yet. Still hesitating about how much should I invest + in which coin + for how long.

I think you should observe first how much money are just sitting in your wallet and you are actually not going to spend in a long time. Personally, the 0.1BTC is just a spare money for me considering that I have also coins that are holding and some are for trading so that's how I decided to invest it, knowing that I am not going to use that in a long period of time. With regards to coin, just pick which is more stable if you want low risk investing  Wink
So I finally decided to go and invested a small amount as a start (0.0123 BTC) and this is what I got in my first day +0.00000732 BTC. Will try to keep you and others updated from time to time  Smiley

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June 11, 2020, 10:54:12 AM
 #260


So I finally decided to go and invested a small amount as a start (0.0123 BTC) and this is what I got in my first day +0.00000732 BTC. Will try to keep you and others updated from time to time  Smiley

I guess it would be nice if you also make your own thread, more thread would be more helpful to investors who like to try investing in a casino.
So far, this is the only thread that shares an investing journey publicly, you can add one actually, and maybe add more gambling sites to invest too.

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